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What happened to the US when she lost her comparative advantage in producing TVs? Is she better off or worse off?
In The Wealth of Nations, Adam Smith wrote, "Every individual endeavors to employ his capital so that its produce may be of greatest value. He generally neither intends to promote the public interest, nor knows how much he is promoting it.
Determine the average inflation rate for this commodity over this two-year period. The CPI for 1995 was 152.4 and for 2010 it was 218.1. What was the average general inflation rate during these years? To calculate the NPW (at year 0) of N annual cash..
Suppose MPC=0.75 and the government pay for the new spending of 100,000 by increasing taxes by 100,000. Calculate the new Y. Could you provide the answer with specific formulas if possible?
What three benefits do you see from the behavioral standpoint for this cross-functional team? What are the structural and behavioral challenges in managing this cross-functional team?
Suppose that this small open economy imposes a tariff of $2 on the good. What is the deadweight loss associated with this tariff
Where should your factory be located? Why? Who are the stakeholders in this decision? How did you take the stakeholders into account when making your decision?
a)Explain how the marginal principle and the pollution tax work together to determine the optimal amount of pollution abatement. b)Economists say that labor demand is a derived demand. Explain the concept of derived demand.
Using the graph below, explain why demand for nachos is elastic. On the graph below, implement an excise tax (of any amount) on the market for steel.
Describe the shape of the demand curve for reserves and explain why the curve has that shape.
how are the calculations made for this problemthe table below shows the demand and supply schedules for mouse padsprice
locate two articles discussing the ethical perspectives or business ethics of a foreign country. each article must
thirty-five fourth-grade students were asked the traditional question what do you want to be when you grow up? the
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